Asia Times Online
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If you want the details of the following stories use the above bitty browser by scrolling to the particular story and then click on the link Open full-size (within Bitty) .<style type="text/css">.rsspal{max-width:;}</style><table class="rsspal" style="overflow:hidden;word-wrap:break-word;border-width:2; border-style:solid; max-width: 100%; width: 100%; border-color: #d4d0c8; " cellpadding="3"><tr><th style="background-color: #999999; color: #ffffff; "><a href="http://www.atimes.com" style="color: #ffffff; " target="_blank">Asia Times Online</a></th></tr> <tr><td style="background-color: #f1eded; color: #000000; "><b><a href="http://www.atimes.com/atimes/Global_Economy/MF14Dj05.html" style="color: #000000;" target="_blank">SPENGLER : Zombinomics and volatility</a></b></td></tr> <tr><td class="rsspal" style="width:100%; overflow: hidden; word-wrap: break-word;background-color: #ffffff; color: #000000; ">The so-called American economic recovery won't die, because it's undead. It was a zombie to begin with. And the actual volatility of US stock prices is remarkably low for a declining market: the economy is stuck in the mud; it can't go forward, but neither can it be expected to move fast in reverse. (Jun 13, '11)</td></tr> <tr><td style="background-color: #f1eded; color: #000000; "><b><a href="http://www.atimes.com/atimes/Middle_East/MF14Ak02.html" style="color: #000000;" target="_blank">Syria boils, US warship in Black Sea</a></b></td></tr> <tr><td class="rsspal" style="width:100%; overflow: hidden; word-wrap: break-word;background-color: #ffffff; color: #000000; ">The United States warship floating in the Black Sea is a clear threat to Russia to curtail its obstinance over Syria's bloody uprising. While Washington wants pro-Western regime change in Damascus to break Israel's regional isolation, this would spell the end for Russia's last naval base in the Mediterranean. With Saudi, Israeli and Turkish interests aligning against it, the Kremlin seems in deep water. - M K Bhadrakumar (Jun 13, '11)</td></tr> <tr><td style="background-color: #f1eded; color: #000000; "><b><a href="http://www.atimes.com/atimes/Middle_East/MF14Ak03.html" style="color: #000000;" target="_blank">Libya: The land of make believe</a></b></td></tr> <tr><td class="rsspal" style="width:100%; overflow: hidden; word-wrap: break-word;background-color: #ffffff; color: #000000; ">The absurdities of the Libyan war have reached a new level, with contradictory voices making it very difficult to separate fact from the fanciful. What is clear, though, is that in the foreseeable future, no victors are set to emerge, only more chaotic strife and carnage. - Victor Kotsev (Jun 13, '11)</td></tr> <tr><td style="background-color: #f1eded; color: #000000; "><b><a href="http://www.atimes.com/atimes/Middle_East/MF14Ak01.html" style="color: #000000;" target="_blank">Minority cloud looms over Arab summer</a></b></td></tr> <tr><td class="rsspal" style="width:100%; overflow: hidden; word-wrap: break-word;background-color: #ffffff; color: #000000; ">The question staring at the ''leaderless revolution'' that swept Hosni Mubarak from power in Egypt is whether Coptic Christians will be a scapegoated minority in a populist democracy. An even more complex conundrum is bound to arise in Syria, where Bashar al-Assad is playing Kurdish and Palestinian minority cards in a classic ploy to divide and rule. - Sreeram Chaulia (Jun 13, '11)</td></tr> <tr><td style="background-color: #f1eded; color: #000000; "><b><a href="http://www.atimes.com/atimes/South_Asia/MF14Df02.html" style="color: #000000;" target="_blank">Police 'clueless' over Shahzad's killing</a></b></td></tr> <tr><td class="rsspal" style="width:100%; overflow: hidden; word-wrap: break-word;background-color: #ffffff; color: #000000; ">Islamabad police say they are "clueless" and have failed to get any video footage that would help trace the culprits in the abduction and murder of Asia Times Online Pakistan bureau chief Syed Saleem Shahzad. An investigative committee leading police efforts has yet to release any report, nearly two weeks after his badly beaten body was discovered. - Malik Ayub Sumbal (Jun 13, '11)</td></tr> <tr><td style="background-color: #f1eded; color: #000000; "><b><a href="http://www.atimes.com/atimes/South_Asia/MF14Df01.html" style="color: #000000;" target="_blank">Petraeus' captured 'Taliban' were civilians</a></b></td></tr> <tr><td class="rsspal" style="width:100%; overflow: hidden; word-wrap: break-word;background-color: #ffffff; color: #000000; ">Some 83% of the 4,100 "Taliban rank and file" that General David Petraeus last year claimed Special Operations Forces had captured in a 90-day period were actually civilians. Though aware of the discrepancy, the United States' commander in Afghanistan exploited the dramatic capture rate to lionize his troops. This raises doubts over the 2,000 kill rate he released at the same time. - Gareth Porter (Jun 13, '11)</td></tr> <tr><td style="background-color: #f1eded; color: #000000; "><b><a href="http://www.atimes.com/atimes/China/MF14Ad01.html" style="color: #000000;" target="_blank">De facto embassies in Taipei folding the flag</a></b></td></tr> <tr><td class="rsspal" style="width:100%; overflow: hidden; word-wrap: break-word;background-color: #ffffff; color: #000000; ">President Ma Ying-jeou's success in securing visa waivers for traveling Taiwanese has had an unexpected consequence: the visa sections of low-key "de facto" embassies in Taipei are closing, with applicants sent to Hong Kong. While such diplomatic downgrading was once a Chinese policy objective, it now seems countries are trying to get into Beijing's good books proactively. - Jens Kastner (Jun 13, '11)</td></tr> <tr><td style="background-color: #f1eded; color: #000000; "><b><a href="http://www.atimes.com/atimes/Korea/MF14Dg01.html" style="color: #000000;" target="_blank">Unfinished deal between Pyongyang, Beijing</a></b></td></tr> <tr><td class="rsspal" style="width:100%; overflow: hidden; word-wrap: break-word;background-color: #ffffff; color: #000000; ">China traditionally demands three things from North Korea: economic reform, improved ties with the United States in terms of the nuclear standoff, and better inter-Korean relations. Pyongyang is working with Beijing on the economic front, but falls short when it comes to political and diplomatic matters. - Sunny Lee (Jun 13, '11)</td></tr> <tr><td style="background-color: #f1eded; color: #000000; "><b><a href="http://www.atimes.com/atimes/South_Asia/MF14Df03.html" style="color: #000000;" target="_blank">Education loses as Muhith lifts spending</a></b></td></tr> <tr><td class="rsspal" style="width:100%; overflow: hidden; word-wrap: break-word;background-color: #ffffff; color: #000000; ">Bangladesh Finance Minister Abul Maal Abdul Muhith boosted spending on defense and energy while increasing the country's national budget by about a quarter, backed by a forecast surge in tax collection. Losers include education, whose share of the national spending cake was cut. - Syed Tashfin Chowdhury</td></tr> <tr><td style="background-color: #f1eded; color: #000000; "><b><a href="http://www.atimes.com/atimes/Global_Economy/MF14Dj04.html" style="color: #000000;" target="_blank">CHAN AKYA : Bank folks can't count</a></b></td></tr> <tr><td class="rsspal" style="width:100%; overflow: hidden; word-wrap: break-word;background-color: #ffffff; color: #000000; ">The illusions of grandeur (and questionable math skills) displayed by the European Union as it throws another US$86 billion into the Greek debt pit recall the contrasting basketball athleticism of Wesley Snipes and Woody Harrelson. The markets are at least recognizing that survival of the euro is no slam dunk.</td></tr> <tr><td style="background-color: #f1eded; color: #000000; "><b><a href="http://www.atimes.com/atimes/Asian_Economy/MF14Dk01.html" style="color: #000000;" target="_blank">MARKET RAP : Asia looking weak</a></b></td></tr> <tr><td class="rsspal" style="width:100%; overflow: hidden; word-wrap: break-word;background-color: #ffffff; color: #000000; ">Asian stocks are showing further weakness as several leading short-term indicators reverse to the downside, the South Korean market leading the way down last week with a more than 3% decline. The outlook is for the stutter-stepping of the past month to give way to an even more stumbling performance. R M Cutler runs his eye over the ups and downs in the week's markets.</td></tr> <tr><td style="background-color: #f1eded; color: #000000; "><b><a href="http://www.atimes.com/atimes/Global_Economy/MF14Dj01.html" style="color: #000000;" target="_blank">CREDIT BUBBLE BULLETIN : The bubble end point</a></b></td></tr> <tr><td class="rsspal" style="width:100%; overflow: hidden; word-wrap: break-word;background-color: #ffffff; color: #000000; ">New credit, irrespective of its source, stimulates economic output through increased spending, incomes and/or asset inflation. But at some inevitable - if not predictable - point, such as when governments lose their capacity to perpetuate the credit bubble, the markets will care tremendously whether a credit system is sound or not. Doug Noland looks at the previous week's events each Monday.</td></tr> </table>
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